Bank Mergers Thin Ranks Of Data Processors Too

Bank mergers have helped to whittle the market of data processing companies to a fraction of its former size.

Twenty-eight companies now provide outsourcing to banks, down from 71 companies in 1987, according to Computer Based Solutions Inc., which produces an annual study of the industry. Twenty-seven vendors now provide in-house turnkey bank processing, down from 42 in 1986.